Venture expands process system agreement

Venture Global LNG has expanded its development business to 60 million t/a to meet customer demand.

The company has increased its process equipment supply
agreement with Baker Hughes, a GE (BHGE) company to 60 million t/a, under which BHGE will deliver comprehensive
technology solutions for Venture Global’s LNG export facilities.

The agreement provides a guaranteed supply of modular
liquefaction trains, and power generation and electrical distribution equipment
that will be standardised across Venture’s Calcasieu Pass, Plaquemines LNG projects.

The Calcasieu Pass project is developing an LNG export
facility in Cameron Parish, Louisiana, US with a 39 km, 42 inch (1,067 mm) diameter
natural gas pipeline connected to three inter- and intrastate pipelines, with
an in-service target of mid-2020.

The Plaquemines LNG project is developing an LNG facility in
Plaquemines Parish, Louisiana, where Venture has proposed that two 42 inch diameter
pipelines will be constructed to connect to existing interstate natural gas
pipelines.

Co-CEOs Bob Pender and Mike Sabel issued a joint statement,
which said, “With this expanded 60 million t/a commitment from BHGE, we can
grow our business to meet the increasing demand for our low cost LNG from our
international customers.

“Having fully contracted Calcasieu Pass and anticipating
completion of Plaquemines LNG, we are pleased to announce this expansion to
meet additional customer demand.